Tag Archives: Wall Street Journal

Mike Snyder ~ Main Core: A List Of Millions Of Americans That Will Be Subject To Detention During Martial Law

Posted on by
1

The Daily Sheeple June 11 2013

FEMA Camp

Are you on the list?  Are you one of the millions of Americans that have been designated a threat to national security by the U.S. government?  Will you be subject to detention when martial law is imposed during a major national emergency?  As you will see below, there is actually a list that contains the names of at least 8 million Americans known as Main Core that the U.S. intelligence community has been compiling since the 1980s.  A recent article on Washington’s Blog quoted a couple of old magazine articles that mentioned this program, and I was intrigued because I didn’t know what it was.  So I decided to look into Main Core, and what I found out was absolutely stunning – especially in light of what Edward Snowden has just revealed to the world.  It turns out that the U.S. government is not just gathering information on all of us.  The truth is that the U.S. government has used this information to create a list of threats to national security that the government would potentially watch, question or even detain during a national crisis.  If you have ever been publicly critical of the government, there is a very good chance that you are on that list.

The following is how Wikipedia describes Main Core…

Main Core is the code name of a database maintained since the 1980s by the federal government of the United States. Main Core contains personal and financial data of millions of U.S. citizens believed to be threats to national security. The data, which comes from the NSA, FBI, CIA, and other sources, is collected and stored without warrants or court orders. The database’s name derives from the fact that it contains “copies of the ‘main core’ or essence of each item of intelligence information on Americans produced by the FBI and the other agencies of the U.S. intelligence community.”

Continue reading →

Jimmy Mengel ~ How NOT to Launder a Billion Dollars

Posted on by
Reply

Outsider Club May 31 2013

In this country, there are two ways to operate a criminal enterprise: totally underground or hiding in plain sight.

Liberty Reserve has learned the hard way that if you want to launder billions of dollars for criminals, you had better choose the latter.

The currency company just got nailed for washing $6 billion worth of criminal funds through their secretive online currency.

In case you’re wondering, theirs was a relatively simple scheme…

Here’s how it worked: You opened an account with Liberty Reserve using a fake name and email address. You sent your U.S. dollars to an unregulated currency exchange in Russia, Nigeria, or Vietnam, where the unscrupulous currency exchanger coverts your dollars to LRs,Liberty Reserve’s online currency.

Those LRs were then transferred to another Liberty Reserve member in return for drugs, stolen credit card numbers, or any other type of illegal item or service. The recipient was then sending their ill-gotten gains to the unregulated currency exchange, who converted the LRsback into dollars.

Liberty Reserve made its money by charging users 1% transaction fees and $0.75 “privacy fees” to facilitate the exchanges. This scheme allowed “the bank of choice for the underworld” to conduct 55 million transactions for its one million users before getting busted.

This is one of the biggest money-laundering schemes ever hatched — and the founders of Liberty Reserve, Arthur Budovsky and Vladimir Kats, now find themselves facing what could be decades in prison.

Some of the their more clownish clients actually opened up accounts with names like “Russian Hackers” and “Hacker Account.” Cute.

Here’s the type of criminals that were using Liberty Reserve:

  • Traffickers of stolen credit card data and personal identity information
  • Peddlers of various types of online Ponzi schemes
  • Computer hackers for hire
  • Unregulated gambling enterprises
  • Underground drug-dealing websites
  • Child pornographers

Not necessarily the most endearing of folks, to be sure…

However, these thugs don’t look so bad when compared to the actions of “legitimate” superbanks like HSBC.

Too Big to Jail

Continue reading →

The Resident ~ How The Economy Is A Ponzi Scheme [Video]

Posted on by
2

RTAmerica Apr 19, 2013

Bill Gross, Nouriel Roubini, the Wall Street Journal and many others say that our entire economy is a Ponzi scheme. The world’s economy is built on a system that requires ever more people to consumer ever more products. Building an economy that constantly leverages the prosperity of a society’s future is bad enough: the fact that ours might fail sooner than later is cause for great alarm. As fertility rates continue to fall, we are in danger of losing the sheer numbers of consumers it will require to keep our current Ponzi-like economy going. The Resident (aka Lori Harfenist) investigates.

Jack Mullen ~ The Eye Of Sauron Has Spotted Bitcoin

Posted on by
4

Activist Post March 25 2013

Yesterday the Wall Street Journal published an article entitled “Web Money Gets Laundering Rule,” an article framed in typical central bank newspeak warning of money laundering and growing “concerns” that new forms of cash bought on the Internet might be used to fund illicit activities. [1]

This concern for possible laundering and illicit activities is banker newspeak indicating that banksters are really concerned about the possibility people might be able to escape the global web of banking activity spying and find a way out of debt slavery caused by central bank controlled currencies.

Furthermore the bankers worry bitcoin [2], the virtual currency in question, might actually provide a way to independently and objectively value banker currencies in terms of purchasing power – not just relative values between managed banker currencies, which have no tight correlation with purchasing power. And, a derivative of providing an objective measure of cartel-controlled currency purchasing power is that wealth can be transferred into bitcoin, where its purchasing power can remain reasonably stable. In fact, if bitcoin survives, the purchasing power of bitcoins will rise over time.

If bitcoin does indicate a relationship between its own value and purchasing power relative to banker currency, it will start a mass exodus into the new currency as people try to find a way to protect their assets and wealth from contrived currency devaluation.

Part of the problem with measuring banker currency relative values, is that even while objective value (purchasing power) of all banker currencies is being destroyed, the relative values still maintain the illusion of worth. Historically, gold and silver represented a fungible, transportable, private, and no counter-party risk money, whose price provided objective values of a banker currency’s purchasing power. The banking cartels learned how to suppress the price of gold and silver with massive manipulation to support the illusion that paper currencies, especially those issued as debt, are maintaining purchasing power.

Bitcoin, until recently a fledgling new alternative currency, has stepped up to its fate and destiny, as the giant eye of Sauron has taken notice and doesn’t like what it sees.

Recent currency events in Argentina and Cyprus have given wind to the sail of bitcoin and its possible destiny of fulfilling its original intention of providing private, stable, accessible, outside the banking cartel system, currency.

Continue reading →

Mike Adams ~ Grocery Loyalty Card Purchases Surveilled By Insurance Companies To Raise Rates And Deny Claims

Posted on by
2

NaturalNews March 3 2013

I warned Natural News readers about this years ago: those grocery store “loyalty cards” that they push on you to enjoy discounts on groceries are actually a behavior surveillance technology that’s used to capture and profile your grocery purchasing patterns. This data is then sold off to insurance companies who use it to raise your rates by linking your grocery purchases with the risk of disease.

Buying a lot of ice cream? You’re more likely to be obese and diabetic.

Purchasing a lot of processed meats and homogenized milk? You’re more likely to develop cardiovascular disease.

Bringing home a lot of processed food with additives, chemical sweeteners and chemical preservatives? You’re far more likely to get cancer.

Health insurance companies are now using this data to develop these sorts of “risk profiles” of individual consumers. And it’s all enabled because people are so incredibly obedient that they actually fill out their real names and addresses on these grocery loyalty cards. Health insurance companies simply use credit reporting databases to link your grocery loyalty card account number to your health insurance account number, and from there, your insurance rates can be adjusted based on what you buy to eat.

Even worse, they can use this data to deny your health insurance claims. For example, if you get diagnosed with cancer, your health insurance company can look through your grocery purchasing history and show that you bought processed meat products containing cancer-causing sodium nitrite. They can use this data to deny payment on your claims and push the blame on YOU for living a “cancer lifestyle.”

From conspiracy theory to conspiracy fact

Continue reading →

Michael Snyder ~ Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does

Posted on by
1

Activist Post February 6 2013 

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws.  Even Wikipedia admits that “it is not accountable to any single national government.“

The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system.  Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does.  Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”.  During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on.

The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.  It is imperative that we get people educated about what this organization is and where it plans to take the global economy.

Continue reading →

Greg Hunter ~ Weekly News Wrap Up January 4 2013 [Video]

Posted on by
Reply

USA Watchdog

The Fiscal Cliff turned into a can-kick on tax policy.  Yes, they averted some nasty tax increases for many Americans, but there were zero spending cuts.  In fact, the legislation added $4 trillion in debt!!!   I’d say President Obama won round one, but not by much.  I have to give a little credit to Democrats and Republicans for the compromise, but this is still the “blame game theater.”  Now, Republicans are going to demand cuts and hold the debt ceiling over the President’s head.  This is going to be much nastier than the last round.  The big losers are the American people because, while there is some closure on tax policy, there is now an even bigger impasse looming on spending cuts.  The Democrats and the President do NOT want to make them, but they want the debt ceiling raised by at least a trillion bucks.   If Congress can’t get it together in a meaningful calm, measured way, there exists the distinct possibility of debt downgrades from the ratings agencies, a dollar and Treasury bond sell offs, a spike in interest rates and a government shutdown–all at the same time.  This street fight is far from over.  By the way, don’t you find it odd that neither party will talk about the $85 billion a month the Fed is printing during this big budget negotiation?  This is propping up the banks and the government to infinity.

The minutes from the Federal Reserve’s latest meeting last month were released this week, and many members were talking about ending QE or money printing in 2013.  To that, I say–no way!  According to Jim Sinclair, the Fed couldn’t end the money printing “. . . without ending the economic world for decades to come.”  Sinclair is very bullish on physical gold.

Continue reading →

Chris Martenson ~ Global Growth Will Never Return To Its Glory Days [Video]

Posted on by
Reply

USAWatchdog.com | December 17 2012

Chris Martenson of PeakProsperity.com says, “We have an economy that requires constant exponential growth . . . that won’t happen.  We’re on an unsustainable course.”  Martenson says the next 20 years will look nothing like the last 20 years.  He predicts, “The crisis really is going to belong to the people who don’t see it coming.”

Martenson believes, “Global growth will never return to its former glory days.”  The days of cheap natural resources are gone. Martenson says to go along with that phenomenon, “The risks are piling up in the financial system. . . . The Federal Reserve is printing, printing, printing . . . we’re going to have a world class currency crisis.”  Given the current situation of a broken money system and dwindling natural resources, Martenson says, “I don’t see how you avoid a hard landing at this point.”  Join Greg Hunter as he goes One-on-One with Chris Martenson from PeakProsperity.com.

Enhanced by Zemanta

Bill Moyers Interviews Matt Taibbi Re Manipulations Of The Privileged 1% [Video]

Posted on by
1

Reader Supported News | October 21 2012

The One Percent is not only increasing their share of wealth – they’re using it to spread millions among political candidates who serve their interests. Example: Goldman Sachs, which gave more money than any other major American corporation to Barack Obama in 2008, is switching alliances this year; their employees have given $900,000 both to Mitt Romney’s campaign and to the pro-Romney super PAC Restore Our Future. Why? Because, says the Wall Street Journal, the Goldman Sachs gang felt betrayed by President Obama’s modest attempts at financial reform.

To discuss how the super-rich have willfully confused their self-interest with America’s interest, Bill is joined by Rolling Stone magazine’s Matt Taibbi, who regularly shines his spotlight on scandals involving big business and government, and journalist Chrystia Freeland, author of the new book Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else.

“We have this community of rich people who genuinely believe that they are the wealth creators and they should get every advantage and break,” Taibbi tells Bill. “Whereas everybody else is a parasite and they’re living off of them.”

Freeland adds, “You know, 2008 is not so long ago, and already, the anti-regulation chorus is so strong. How dare they have the gall to actually argue that too much regulation of American financial services is what is killing the economy?”

Enhanced by Zemanta

Kurt Nimmo ~ Obama’s Authoritarian Adviser Sunstein Steps Down

Posted on by
Reply

Prisonplanet.com | August 4, 2012 | Thanks, VK

Cass Sunstein, Obama’s administrator of the Office of Information and Regulatory Affairs in the Office of Management and Budget, has announced his departure. He will leave later this month and return to Harvard Law School.

Obama’s Authoritarian Adviser Sunstein Steps Down sunstein at brookingsSunstein gained notoriety on a number of fronts. He called for dispatching government agents to sabotage individuals and groups opposed to government – most notably those at odds with the official 9/11 narrative – and suggested the government hold people responsible for the information they post on the internet.

In May of 2011, former president Bill Clinton adopted Sunstein’s idea of creating an internet Ministry of Truth.

“Couching the idea in the kind of doublespeak rhetoric that would make George Orwell roll in his grave, Clinton said that the agency would have to be ‘independent’ and ‘transparent,’ but that it would be created and run by the federal government – a complete oxymoron,” Paul Joseph Watson wrote at the time.

In addition to proposing a new COINTELPRO to attack enemies of the state on the internet, Sunstein worked to craft minutiae of the emerging globalist order. In April of this year, he penned a piece for the Wall Street Journal calling for an attack on national sovereignty. Hewrote that “unnecessary regulatory differences across nations” are harmful to the “interdependent global economy,” in other words the globalist dream of a one-world economic dictatorship driven by the elite and their unelected apparatchiks.

Continue reading →

Matt Taibbi ~ Ludicrous Times Op-Ed Forgets Entire Year of Wall Street History

Posted on by
6

Rolling Stone | RS_News | August 2 2012

OPINION ~ It was riotous, side-splitting comedy last week when Sanford Weill, the onetime head of Citibank, went on CNBC to announce that he thought it was time to break up the big banks.

Why this was funny: Through his ambitious (and at the time not yet legal) decision to merge Citibank, Travelers, and Salomon Brothers into one giant wrecking ball of greed, self-dealing and global irresponsibility called Citigroup, Weill more or less single-handedly created the Too-Big-To-Fail problem. You know, the one currently casting that thick, black doomlike shadow over all humanity which, if you look out your window, you can see floating over all our heads this very minute.

Nonetheless, Weill came out last week against Too Big to Fail banks. “I’m suggesting,” he told astonished reporters on a live CNBC interview, “that they be broken up so that the taxpayer will never be at risk…. What we should probably do is go and split up investment banking from banking.”

The interview became an instant YouTube classic. The very funniest part, I thought, was the response of Squawk Box host Andrew Ross Sorkin, the single most credulously slobbering financial reporter on the planet this side of Maria Bartiromo. Even he was so shocked by Weill’s comments that he lost his voice – “I’m speechless,” he said.

At about the 1:20 mark of the clip, just after Weill offered his incredible opinion about the need to break up the banks, any sensible reporter would have pounced. Some version of, “Dude, are you high? Youinvented Too Big To Fail!” would have been the proper response – followed hopefully by a spirited lunge across the set to beat Weill repeatedly about the neck and head with a Swingline stapler, until he screeched out a tearful apology to every last living soul on earth.

Instead, Sorkin took another tack:

“Okay, so then the question becomes – Glass-Steagall,” Sorkin said. “You’re almost referring to bringing back Glass-Steagall, in some respects.”

Continue reading →

Jason Zweig ~ Should Crimes Of Capital Get Capital Punishment?

Posted on by
4

Wall Street Journal | July 27 2012 | Thanks, Thomas

It’s a sad fact we still have murderers, thieves, rapists, crooks, and devils disguised as bankers creating havoc despite all societal efforts at containment. I almost didn’t post this then decided “Hey! It’s the Wall Street Journal. What ELSE can we possibly expect?” ~Gillian

Sir Isaac Newton: Don’t let him catch you counterfeiting

Overheard in midtown Manhattan at the lunch hour:

“Another day, another financial scandal. New regulations, prosecution, getting hauled up in front of Congressional hearings – nothing seems to stop it.”

“Maybe we need to try something more drastic.”

“Like what?”

“Well, there’s always the death penalty.”

Unfortunately, that’s been tried, too – and found wanting. Financial criminals throughout history have been beaten, tortured and even put to death, with little evidence that severe punishments have consistently deterred people from misconduct that could make them rich.

The history of drastic punishment for financial crimes may be nearly as old as wealth itself.

The Code of Hammurabi, more than 3,700 years ago, stipulated that any Mesopotamian who violated the terms of a financial contract – including the futures contracts that were commonly used in commodities trading in Babylon – “shall be put to death as a thief.” The severe penalty doesn’t seem to have eradicated such cheating, however.

In medieval Catalonia, a banker who went bust wasn’t merely humiliated by town criers who declaimed his failure in public squares throughout the land; he had to live on nothing but bread and water until he paid off his depositors in full. If, after a year, he was unable to repay, he would be executed – as in the case of banker Francesch Castello, who was beheaded in 1360. Bankers who lied about their books could also be subject to the death penalty.

In Florence during the Renaissance, the Arte del Cambio – the guild of mercantile money-changers who facilitated the city’s international trade – made the cheating of clients punishable by torture. Rule 70 of the guild’s statutes stipulated that any member caught in unethical conduct could be disciplined on the rack “or other corrective instruments” at the headquarters of the guild.

Continue reading →

As ‘Statute Of Limitations’ Approaches, Wall Street Crimes Of 2008 Go Unpunished

Posted on by
Reply

Common Dreams Staff | July 12 2012

With time running out, federal agencies show no urgency in holding firms or executives to account ~ Common Dreams staff

The US Securities and Exchange Commission is quickly running out of time to file charges against financial firms and high-level executives involved in fraud and other crimes leading up to the 2008 financial crisis.

Federal laws require the SEC to file official charges within five years of the alleged crimes due to a statute of limitations. Officials at SEC, according to the Wall Street Journal, are now scrambling to file lawsuits before the five-year time limit runs out.

In one example, experts believe that the SEC should file a civil lawsuit against bankers involved in the high profile ‘Delphinus deal’ no later than next Thursday. Delphinus, a $1.6 billion deal, was a subprime mortgage scam which collapsed within months during 2007 and was a major player in the widespread financial collapse.

A criminal investigation into that deal began months ago; however, prosecutors have yet to file charges.

The failure of the SEC to file charges and allow these crimes to go unchallenged “feeds the public sense of cynicism,” Arthur Wilmarth, a law professor at George Washington University and consultant to the Financial Crisis Inquiry Commission, told the Journal.

Enhanced by Zemanta